The following information is available from the 2024 financial statements of Indigo Inc. and Sandhill Ltd.:...
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The following information is available from the 2024 financial statements of Indigo Inc. and Sandhill Ltd.: Income tax expense Interest expense Net income Total assets Total current liabilities Total liabilities 1. 2. Debt to total assets (in millions) Indigo Inc. $780 Times interest earned 690 1,075 24,960 6,180 16,900 Sandhill Ltd. $1,190 1,630 (a) Based on the information given, calculate the following ratios for each company: (Round answers to 1 decimal place, e.g. 2.2.) 1,370 37,735 14,319 32,236 Indigo Inc. % times Sandhill Ltd. % times The following information is available for Pronghorn Posting for three years: Total assets Net sales Net income 2024 $487,750 691,000 1. Profit margin 51,825 2. Asset turnover ratio 2023 3. Return on assets $461,850 710,200 42,612 2022 $441,900 Calculate Pronghorn's return on assets, asset turnover, and profit margin for 2024 and 2023 (Round answers to 1 decimal places, e.g. 5.275). 662,700 2024 37,100 % times % 2023 % times % The following information is available from the 2024 financial statements of Indigo Inc. and Sandhill Ltd.: Income tax expense Interest expense Net income Total assets Total current liabilities Total liabilities 1. 2. Debt to total assets (in millions) Indigo Inc. $780 Times interest earned 690 1,075 24,960 6,180 16,900 Sandhill Ltd. $1,190 1,630 (a) Based on the information given, calculate the following ratios for each company: (Round answers to 1 decimal place, e.g. 2.2.) 1,370 37,735 14,319 32,236 Indigo Inc. % times Sandhill Ltd. % times The following information is available for Pronghorn Posting for three years: Total assets Net sales Net income 2024 $487,750 691,000 1. Profit margin 51,825 2. Asset turnover ratio 2023 3. Return on assets $461,850 710,200 42,612 2022 $441,900 Calculate Pronghorn's return on assets, asset turnover, and profit margin for 2024 and 2023 (Round answers to 1 decimal places, e.g. 5.275). 662,700 2024 37,100 % times % 2023 % times %
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Related Book For
International Financial Reporting and Analysis
ISBN: 978-1408075012
5th edition
Authors: David Alexander, Anne Britton, Ann Jorissen
Posted Date:
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